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Author Topic: Obyte: Totally new consensus algorithm + private untraceable payments  (Read 1178201 times)
simongoat
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October 10, 2017, 07:17:18 PM
 #14301

Thanks for getting back. Sorry, I'm new to this so don't quite know what you mean. I used a nano ledger to send the funds so was the Change address in that wallet? And do you know how do I send back the BTC?

I will try the signature method next.

Yes, when you have a wallet (like nano), you have what is called an HD wallet.
So, you basically have a shit ton of addresses.  This is why you see a new address every transaction you make.
Think of this.... you go into McDonalds with a $10 bill and pay $1 for a burger.
You don't rip off part of the $10 bill.  You simply give them $10 and they give you $9 in change.
Kind of the same for bitcoin...
You take $10 to pay $1, but $9 comes back to a change address (another address you own).

So, you have a shit ton of receive addresses and change addresses.   The wallet handles them for you, so all you see is that you have a total balance, but it's made up (normally) of a bunch of addresses.  When you pay someone, it determines which addresses to pull from to pay the amount you want to send.

You know the bitcoin address you currently have linked.  So, best thing for you to do is wait hours before the next airdrop.  Then, tell your wallet to pay the linked address (your address) all your coins.  So, when the snapshot takes place, you get credit for all the coins you own and not simply a part of what you might own.  Another way to say it is that your wallet now has $9, but might be spread accross multiple addresses, so move them all to a single linked address prior to the next distribution snapshot.   


Thanks, I really appreciate the time you took to explain it. Would the signature method still work with the nano wallet?

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Tg87
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October 10, 2017, 07:20:54 PM
 #14302

It works withe the nano S.
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October 10, 2017, 07:23:31 PM
 #14303

Thanks, I really appreciate the time you took to explain it. Would the signature method still work with the nano wallet?

Yes, but do you really want to sign with every address you have for each distribution?

Best thing to do is send all your bitcoin back to a single bitcoin address you have in order to take part.
Right now, we don't know how widely your coins are distributed throughout the wallet (how many change addresses, etc).

So, now that you have an address linked, just wait until just prior to the snapshot (an hour or two), and move your coins then.  Because, even with signing an address now doesn't mean your coins will be there when the snap shot takes place in a month.

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October 10, 2017, 07:30:33 PM
 #14304

Lol. Peeps  need to calm the fuk down. Btfd and wait 6 months for distro to be done. You'll see. Quote me  Cheesy

Pump and dumb completed. Nothing to see here now. Time to move on to the next coin and rinse and repeat. Sorry to the bagholders for their losses.

There you have it your quote  Grin

what losses?

Bought high sold low = losses?

What losses you ask?

It will be a cold day in hell when Byteball achieves a new ATH.

simongoat
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October 10, 2017, 07:34:39 PM
 #14305

Thanks, I really appreciate the time you took to explain it. Would the signature method still work with the nano wallet?

Yes, but do you really want to sign with every address you have for each distribution?

Best thing to do is send all your bitcoin back to a single bitcoin address you have in order to take part.
Right now, we don't know how widely your coins are distributed throughout the wallet (how many change addresses, etc).

So, now that you have an address linked, just wait until just prior to the snapshot (an hour or two), and move your coins then.  Because, even with signing an address now doesn't mean your coins will be there when the snap shot takes place in a month.



Thank you. What wallet would you suggest using?

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October 10, 2017, 08:36:24 PM
 #14306

Thank you. What wallet would you suggest using?

They all work basically the same.
I really don't suggest one over the other.

Personally, I use Bitcoin Core (full node) and Mycelium (for mobile).   Oh, and electrum in order to import mycelium to a pc if needed.

It's really a personal choice and depends on if you want multi-coin support, etc.
bcmine
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October 10, 2017, 08:58:19 PM
 #14307

Was there an airdrop on the 5th of Oct?

Dev decided to skip this month, and will resume next month on Nov 4.

lets see how we go after November. Maybe we are going to get 20% a month again. Would be niiice  Cheesy
CryptoRobert
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October 11, 2017, 12:16:30 AM
 #14308

I've noticed that the nano wallet has been mentioned for airdrop related issues a few posts ago. WHich led me to the question: do you think Byteball will ever be fupported on the Ledger Nano device and/or on Trezor?

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dfox101
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October 11, 2017, 03:57:21 AM
 #14309

Was there an airdrop on the 5th of Oct?

Dev decided to skip this month, and will resume next month on Nov 4.

no airdrop and the coin went down all the time... looks like something is very wrong...
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October 11, 2017, 06:00:51 AM
 #14310

I've noticed that the nano wallet has been mentioned for airdrop related issues a few posts ago. WHich led me to the question: do you think Byteball will ever be fupported on the Ledger Nano device and/or on Trezor?

What kind of support do you mean? You can sign a message to link your BTC address to the transition bot, if that’s what you mean.

Follow me on twitter for the latest news on bitcoin and altcoins and I'll follow you back the same day!
Obyte - An open cryptocurrency platform ready for real world adoption
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October 11, 2017, 06:02:18 AM
 #14311

It will be a cold day in hell when Byteball achieves a new ATH.

Oh, you are so cute. Stone cold attitude. Wait I will let you have your moment now and will have mine when the next ATH is here.

That day may be cold, it will be hell and all Blockchains will be in it.


don't let me make you question your assumptions
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October 11, 2017, 08:36:24 AM
 #14312

In my opinion BYTEBALL is one of most promissing projects in the cryptoworld with nice technology behind and good development. But who is selling bytes in such cheap price?
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October 11, 2017, 09:12:09 AM
 #14313

In my opinion BYTEBALL is one of most promissing projects in the cryptoworld with nice technology behind and good development. But who is selling bytes in such cheap price?

People who got it for free and don't understand the potential of it, mostly because there is no shiny roadmap.png to look at and believe in Cheesy

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October 11, 2017, 09:37:38 AM
 #14314

It will be a cold day in hell when Byteball achieves a new ATH.

Oh, you are so cute. Stone cold attitude. Wait I will let you have your moment now and will have mine when the next ATH is here.

That day may be cold, it will be hell and all Blockchains will be in it.



M'kay mate. Send me a nickel when you are there  Grin But until then check your bags regularly for mold before all your bytes rot away lol joke.
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October 11, 2017, 09:39:29 AM
 #14315

In my opinion BYTEBALL is one of most promissing projects in the cryptoworld with nice technology behind and good development. But who is selling bytes in such cheap price?

Yes agree, this is a big and unique project, no ICO like most other coins but lots of buyers and investors who keep Byteball, I hope there is a new innovation in order to get the price back as last July ($850).

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October 11, 2017, 09:57:22 AM
 #14316

I hope the some update regarding the distribution with revised plan will be out there if there is any change in formula. Last time it was distributed under changed formula and all these are experiments to see the results. I will be looking forward to get the news to plan accordingly.
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October 11, 2017, 10:29:53 AM
 #14317

In my opinion BYTEBALL is one of most promissing projects in the cryptoworld with nice technology behind and good development. But who is selling bytes in such cheap price?

I agree. The price drop is just due to the lack of airdrop this month. The price could be higher next month.
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October 11, 2017, 11:41:22 AM
Last edit: October 11, 2017, 11:58:25 AM by SaintFlow
 #14318

M'kay mate. Send me a nickel when you are there  Grin But until then check your bags regularly for mold before all your bytes rot away lol joke.
No kidding, I am caught with my jeans so far down that it can be considered baggy. But guess whats exposed?

Tell you what, if you are in crypto and do not have at least two Balls noone will take you serious. To some it is pride, some see it as a sign of being well informed about future developments in crypto while some see it as evidence that you had a good amount of BTC at some point.

Send a Post adress for the Nickel, BTC transactions take forever.

don't let me make you question your assumptions
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October 11, 2017, 12:03:41 PM
 #14319

In my opinion BYTEBALL is one of most promissing projects in the cryptoworld with nice technology behind and good development. But who is selling bytes in such cheap price?

I agree. The price drop is just due to the lack of airdrop this month. The price could be higher next month.
Could have very well been the case. A lot of people are expecting monthly airdrops, so they were probably freaking out once they realized it wasn't coming...
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October 11, 2017, 12:07:44 PM
 #14320

Why was this months Airdrop skipped?
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